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$5,157 (target)

3605 Lakeridge Drive E, Lake Tapps, WA 98391

3 beds • 2 baths • 1692 sqft

$1,360,000

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This property looks like a bad Mid-Term investment with a projected -19.38% first-year return on $304k initial cash invested.

-19.38%

Cash On Cash

1.79%

Cap Rate

0.3

DSCR

$5,157

Rent

-$4,903

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,157 income − $10,060 expenses = $4,903 out of pocket

Income$5,157Out of Pocket$4,903Mortgage P&I$6,731131%Property Taxes$1,04420%Insurance$4899%HOA$431%Management$61912%CapEx$2064%Vacancy$1553%Maintenance$2064%Other$56711%

Investment Breakdown

|

Purchase Price

$1360k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$304k

Downpayment

20%

$272k

Closing costs

1%

$13,600

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$5,157

Total Expenses

$10,060

Mortgage P&I

131%

$6,731

Property Taxes

20%

$1,044

Home Insurance

9%

$489

HOA

1%

$43

Property Management

12%

$619

CapEx

4%

$206

Vacancy

3%

$155

Maintenance

4%

$206

Other

11%

$567

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